Gate Crypto Flash News and Market Updates

According to Rappler, on September 24, JobStreet by SEEK unveiled seekAi, an employment-focused AI engine enabling initial voice interviews with job applicants. Candidates can complete pre-screening on their own device and time before human recruiters engage. The platform also automates reference checks, ranks applicants, and identifies candidates likely to fit specific employer needs. JobStreet estimates the AI integration can save recruiters approximately 10 to 12 hours of work each week by re

On September 24, New York Attorney General Letitia James and Governor Kathy Hochul filed a lawsuit against Polymarket US, alleging the prediction market platform operates as an illegal gambling service. The petition details a $3.01 bet placed from a New York account on the New York Mets on July 6, which generated a $6.39 payout when the Mets won, demonstrating unauthorized sports wagering on New York-based events. The filing also lists contracts on Syracuse and St. John's college basketball titl

According to BizWatch, today (September 25) South Korea's four major oil refiners—SK Enmuve, GS Caltex, S-OIL, and HD Hyundai Oil Bank—formally expanded their immersion cooling business for AI data centers. The global immersion cooling fluid market is projected to grow from $448 million in 2026 to $2.49 billion by 2034, representing a 24% compound annual growth rate. SK Enmuve signed a technical cooperation agreement with LG Electronics on September 23 to jointly develop and commercialize immers

Germany's Gfk consumer confidence index for October fell to -30.6, missing the forecast of -27.4. The prior month's reading was revised down to -26.8 from the initially reported -26.6.

Germany's GfK Consumer Confidence Index fell to -30.6 in October, worse than the expected -27 and the previous month's -26.6.

According to latest market reports on September 25, Bitcoin spot ETFs saw net inflows of $191 million yesterday, marking the sixth consecutive day of inflows. The U.S. SEC is proposing to adjust KYC requirements, allowing on-chain tokenized securities issuers to complete identity verification only once rather than repeatedly. Other developments: Bitget Wallet confirmed its security incident did not affect user assets or wallet operations. Robinhood Chain's DEX trading volume reached $1.5 billion

According to ChainCatcher, seven U.K. banks—Barclays, HSBC UK, Lloyds, Monzo, Nationwide, NatWest, and Santander—completed the first global cross-bank tokenized pound deposit transaction on September 25. The transaction included two mortgage refinancing settlements with auto-release of funds at maturity, and point-to-point payments simulating online shopping across three additional banks. The platform was built by Quant with EY providing project management and Linklaters drafting operational rul

According to F&Guide financial data firm analysis, South Korea's 14 major securities companies reported first-half net profit of 7.024 trillion won, a 162.97% increase from 2.671 trillion won in the same period last year, yet charitable donations fell 31.46% to 6.1 billion won from 8.9 billion won. Donations now represent just 0.09% of net profit, down from 0.33% previously. The profit surge was driven by a threefold increase in daily trading volume to 36.337 trillion won, boosting brokerage com

According to BlockBeats, Bitget CEO Gracy Chen released livestream highlights on September 25 confirming that partial hacker addresses have been frozen by multiple blockchain foundations. Affected assets span ETH, XRP, BNB, AVAX, USDT, USDC and other tokens across Ethereum, XRP Ledger, Arbitrum, Avalanche, Optimism, BSC, and Base blockchains. All cold wallets remain secure. Bitget stated that user funds are fully protected by a $464 million protection fund combined with over $1 billion in compan

According to the Federal Reserve Board on September 24, the Fed proposed new stablecoin rules under the GENIUS Act requiring issuers to hold 2% operational-risk capital on the first $20 billion of tokens outstanding, declining to 1% above $50 billion. All stablecoins must be backed by cash, short-dated Treasuries and similar liquid assets at all times. The proposals, open for 60 days of public comment, set reserve requirements and redemption policies requiring payouts within two business days. G

According to Bitget CEO Gracy Chen, the cryptocurrency exchange suffered a $351.6 million security breach on Thursday, with investigators identifying IP addresses connected to VPN services previously used by North Korean hacking groups. Chen said during a live Q&A that the attack pattern resembled prior North Korean operations, though the investigation has not yet formally established responsibility. Attackers compromised the exchange's backend wallet system and initiated unauthorized transfers

Germany's GfK Consumer Confidence Index for October will be released in approximately 10 minutes.

According to Korea Exchange data, foreign investors increased their holdings in South Korean food and beverage stocks to 11.98% in September, up 1.30 percentage points from August, while the sector index fell 9% since late August. Foreign investors net purchased 177 billion Korean won worth of food stocks from August onwards, bucking the broader trend of foreign selling in the domestic market. The selective buying reflects expectations of earnings improvement as major food companies including No

According to Foresight News citing Caixin, poker player Hu Zhehui invested approximately $80 million in Terraform Labs' LUNA and UST from May 2021 to May 2022, with peak holdings reaching over $800 million before LUNA collapsed to near zero. Hu invested $1 million in AIOS token in January 2025 but the asset has since declined over 99.6% from its 2025 highs. Hu has filed lawsuits against AIOS project founder Zhang Yongfeng on securities fraud charges, and separately sued quantitative trading firm

According to Jin10, on September 25, domestic gold jewelry prices declined by approximately 7 yuan per gram compared to the previous day, with most brands trading in the range of 1,290 to 1,292 yuan per gram.

According to Japanese Finance Minister Katayama Satsuki on September 25, President Donald Trump expressed concern about yen weakness during his summit meeting with Prime Minister Takaiichi Sanae on September 22. The public disclosure of Trump's remarks marked an unusual move by Japanese authorities seeking to steady the market. In Tokyo foreign exchange trading today, USD/JPY opened at 158.84–158.85 yen, approaching the 160 yen level viewed as a key threshold. The yen has weakened following a ra

According to Shinhan Investment & Securities, on September 25, the brokerage cut target prices for major Korean securities firms citing a sharp collapse in trading activity. The average daily trading value on KOSPI fell from 138 trillion won in June to 56 trillion won in September, driven by a lack of leading stocks and reduced market volatility. Target price reductions included Mirae Asset Securities (-26%), Korea Financial Group (-17%), NH Investment & Securities (-15%), Samsung Securities (-1

Gold spot prices recently fell to $4,272.50 per ounce, marking levels last seen in early August, as geopolitical tensions involving Iran fuel expectations of additional U.S. Federal Reserve rate hikes. The Fed's current rate range of 3.75%-4.00% and projections of at least one more hike this year have created a higher-rate environment that typically pressures gold prices downward.

According to Foresight News, privacy stablecoin payment network Payy confirmed that approximately 1.8 million USDC stolen from users' self-custodial deposits in Payy Network and Payy Wallet have been transferred out. The tokens were detected by on-chain monitoring platform Specter. Payy is currently advancing efforts to recover the funds and conduct a root cause analysis of the incident.

According to Jin10 on September 25, Goldman Sachs revised its yen forecast to a bullish stance, raising its 12-month target to 150 yen per USD from the previous 165, marking a reversal from its prior bearish view. The bank also adjusted its 3-month and 6-month targets to 158 and 155 respectively. Strategist Karen Reichgott Fishman attributed the shift to faster-than-expected Bank of Japan rate hikes and rising potential for capital repatriation into Japanese assets, which she said increases the